Saylor's message comes at time when crypto market is experiencing lull
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Saylor began purchasing Bitcoin in 2020 as an inflation hedge and alternative to holding cash. Saylor's firm, MicroStrategy, has amassed around $12.7 billion in Bitcoin, or more than 1% of all Bitcoin ever created. The largest cryptocurrency by market capitalization has increased by more than 600% since Saylor began purchasing.Bitcoin has risen by roughly 60% this year, thanks in part to optimism regarding U.S. Bitcoin spot ETFs approved in January.
While the context of Saylor's tweet remains subject to interpretation, the call to"learn to think in Bitcoin" might be a reminder to look at the bigger picture, beyond the short-term market volatility. On the other hand, Saylor's message might be a call to embrace the financial paradigm ushered in by cryptocurrencies, heralding a fundamental shift in how value and wealth are perceived.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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